Controversial German Author Says Berlin Is Hostage to Holocaust in Euro Crisis
From: Spiegel Online
Thilo Sarrazin, the former board member of Germanyís central bank who caused outrage two years ago with a bestseller criticizing the impact of Muslim immigrants on German society, presented a new book on Tuesday that could strike a similar chord with Germans: "Europe Doesnít Need the Euro."
In his latest work, the combative politician, a maverick member of the opposition center-left Social Democratic Party, controversially argues that Germany is being pressured to bail out the euro zone because it perpetrated the Holocaust.
Sarrazin writes that supporters of euro bonds in Germany "are driven by that very German reflex, that we can only finally atone for the Holocaust and World War II when we have put all our interests and money into European hands," according to excerpts published in German media ahead of the book launch.
Politicians lined up to dismiss the comment as an attempt to whip up publicity for his book launch with crude rhetoric laced with far-right undertones.
"It is pitiful that he invokes the Holocaust to secure the maximum possible attention for his theories on euro bonds," the parliamentary floor leader of the opposition Greens, JŁrgen Trittin, told the newspaper Die Welt on Monday, adding that Sarrazin was engaging in "deutsche mark chauvinism."
íNationalist and Reactionaryí
Carsten Schneider, a budget policy spokesman for the SPD, said: "Sarrazin is once again trying out the usual provocation. His criticism of the euro is nationalist and reactionary." Volker Kauder, the parliamentary group leader of Chancellor Angela Merkelís Christian Democrats, said: "Sarrazin is wrong again. The euro is a success story and will remain so."
Chancellor Angela Merkel has steadfastly rejected the introduction of euro bonds -- jointly issued and guaranteed by all the euro member states -- as a way to tackle the debt crisis. She says the move would increase German borrowing costs and remove an incentive for high-debt countries to bring their finances in order, because they would have access to funds at affordable interest rates.
Pressure on her to back down is mounting, though. Franceís new president, FranÁois Hollande, has said he will propose euro bonds at an informal EU summit in Brussels on Wednesday. Italian Prime Minister Mario Monti is expected to back him.
Sarrazinís comment on the Holocaust is a blunt way of describing the central tenet of German foreign policy ever since the end of World War II -- that Germanyís leading role in pushing for European integration stems from its responsibility for the war and the Holocaust.
Praise From Far-Right NPD
But whether intended or not, his phrasing chimes with the line of argument often cited by far-right politicians of the National Democratic Party -- that Germany is being cowed by its Holocaust guilt, and that it has done enough atoning.
It comes as no surprise that the NPD issued a statement this week praising Sarrazin and criticizing Germanyís "psychopathological guilt complex that makes it fulfil almost every wish of self-interested foreign countries even 67 years after the end of the war."
Germanyís agreement to bail out Greece reveals its "susceptibility to blackmail," Sarrazin wrote, alluding to crimes committed by the Nazis before and during World War II. "This policy is turning Germany into a hostage of all those in the euro zone who may in the future, for whatever reason, need help," he said.
One of Sarrazinís main arguments is that the euro hasnít significantly boosted German foreign trade, contrary to claims from euro supporters who say the currency has given Europeís largest economy crucial exchange rate stability in its most important markets.
He cites figures showing that German trade with nations outside the 17-member euro zone has risen far more strongly than trade with euro member states since the currencyís launch on Jan. 1, 1999. But he doesnít factor in that the increase in trade outside the euro area was largely due to soaring economic growth in Eastern Europe and Asia over the last decade.
Euro Launch Was a Mistake, Says Sarrazin
The figures give no insight into how trade inside the euro zone would have developed without a single currency. Many economists argue that Germany has been the main beneficiary of the euro. They say it has spared the country rapid currency appreciations that would have made German industry uncompetitive inside and outside Europe. They also argue that devoting hundreds of billions of euros in guarantees for ailing euro members doesnít stem from altruism but is in Germanyís best economic interest.
Nevertheless, many of Sarrazinís arguments are widely accepted. He says it was a mistake to launch the currency before Europe had a common fiscal policy, and that it was wrong to let countries like Greece join because their economies werenít ready.
He concludes that Europe can only get out of its mess if it rapidly moves towards political union, which he opposes, or that the union should be transformed into a looser formation that allows troubled member states to quit so that they can regain competitiveness through currency devaluation.
Read the full article at: spiegel.de
Truth and Reconciliation: Why the War Still Haunts Europe
Why Even Germany Will Leave the Failed Euro
Also tune into:
Red Ice Radio Series on Zionism & Multiculturalism
~"This is a series on Zionism & Multiculturalism featuring interviews with Adrian Salbuchi, Henry Makow, Gilad Atzmon & Israel Shamir."
Diana Johnstone - The Toulouse Murders, The French Election & EU
Pierre Sabak - Priesthood of the Nazarenes, The Nazis & Zionists
Jay Weidner - The Clash of Civilizations & Pikeís Three World Wars
Nigel Farage MEP - The State of the EU & The Undemocratic Treaty of Lisbon
Marta Andreasen MEP - Brussels laid Bare, Financial Fraud within the European Union
Alan Watt - European Union & The World Empire
IMF tells Germany to do more for eurozone
The Role Ex-Nazis Played in Early West Germany
Germany: Israel must refrain from new settlements
France and Germany call for "True Economic Government" - Rise of the Fourth Reich?
Germany bans "anti-Israeli" movie
Israel Seeks Another 1 Billion Euros in Holocaust Reparations from Germany
Bilderberg Scheme To Save The Euro
Eurozone blocks Ä1bn of aid amid Greek uncertainty
Eurocratsí secret plan to abolish EU sovereignty with "super president"
Nigel Farage: Euro Break-Up Inevitable, Just a Question of How
Latest News from our Front Page
Professor: Reason Itself Is A White Male Construct
A philosophy and religion professor at Syracuse University gave an interview to The New York Times Thursday in which he critiqued the notion of pure reason as simply being a “white male Euro-Christian construction.”
Prof. John Caputo was being interviewed by fellow philosophy professor George Yancy for the 13th installment of an interview series Yancy conducts with philosophers regarding racial topics.
Given its emphasis on first principles ...
The Broken Window Fallacy
Youtube description: This short video explains one of the most persistent economic fallacies of our day.
Jenji Kohan and the Jewish Hyper-Sexualization of Western Culture
As detailed in The Culture of Critique, Freud and his followers regarded anti-Semitism was a universal pathology which had its roots in sexual repression. The theoretical basis for this can be found in Freud’s Three Essays on the Theory of Sexuality where he linked aggression to the frustration of human drives — especially the sex drive. Kevin MacDonald notes that: ...
Confederate History - Dispelling the Myths
History books, the media, the school systems, etc abound in falsehoods and inaccuracies of Confederate and Southern history. This fact sheet will help to clarify and dispell some of these rampant inaccuracies.
MYTH - The War of 1861 - 1865 was fought over slavery.
FACT - Terribly untrue. The North fought the war over money. Plain ...
Gays Rights May Open Door for Pedophile Rights
Democrats have attempted to normalize pedophilia as a sexual orientation.
A recent Supreme Court ruling on same-sex marriage may soon allow pedophiles to argue they are suffering discrimination.
‚ÄúUsing the same tactics used by ‚Äėgay‚Äô rights activists, pedophiles have begun to seek similar status arguing their desire for children is a sexual orientation no different than heterosexual or homosexuals,‚ÄĚ writes Jack Minor ...
|More News » |